E238-SYL_S10 - International Economics V31.0238-001 Prof...

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International Economics - V31.0238-001 New York University Prof. Marc Lieberman Spring 2010 Office: 19 W. 4 th St., 8 th Floor, #816 Drop-in Office Hours (No appointment needed) email: [email protected] Mon: 4:00 – 5:30 Wed: 4:00 – 5:00 Thurs: 2:00 – 4:00 In International Economics, we study the origins and implications of economic interdependence among nations. The field of International Economics is traditionally divided into two parts. First, “International Trade,” the microeconomic part, attempts to answer questions arising from trade in goods and services. For example: how does trade arise among nations? Which nations will trade with each other, and which goods and services will they trade? How does trade impact different groups within a country, and how does government policy alter these impacts? Second, “International Finance,” the macroeconomic part, attempts to answer questions arising from global financial markets and their impact on macroeconomic activity. For example, how are currency exchange rates determined? How do changes in exchange rates affect economic aggregates, such as a country’s trade deficit? Although this course focuses primarily on International Trade, we’ll address some issues in International Finance during the last few weeks. Course Reading: There are only two things to buy: 1. The Choice: A Fable of Free Trade and Protectionism (3 rd edition, 2007) by Russell Roberts. 2. A reader (custom-made for this course), available at Unique Copy Center (252 Greene St.). It consists mostly of pages from Salvatore’s, Introduction to International Economics (2 nd ed), as well as some pages from Mankiw’s Principles of Economics (4 th ed.) All other readings (see below) are available online, or will be posted on Blackboard around the time you need them. Items listed as "main reading" are highly recommended and likely to correspond to some extent with lectures. Keeping up with these readings will help you follow the lectures, but I do not test separately on the readings (with one exception – see below under “Exams”). Choose among the “additional readings” based on your interests. Blackboard Website : The online home page for this course is on the “Backboard” web service. Problem sets and answers will be posted on Blackboard, as well as special announcements. To use Blackboard, you must first activate your NYU Home account. Once you’ve done so, log into your Home account, select “Academics” at the top of the page, find this course under “Classes,” and then select it. Once you get to the course page, navigation is clear. Problem sets : About 6 or 7 problem sets will be assigned during the semester. The problem sets will be posted on Blackboard for you to download and print, with due dates (usually Wednesdays) announced in class and on Blackboard. Problem sets must be turned in at lecture . Do not email problem sets, or put them in my box, or slip them under my door, or hand them to me in a bar where you may happen to run into me. If a problem set is not
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E238-SYL_S10 - International Economics V31.0238-001 Prof...

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